Land & Development in SO19
Portsmouth Road, Southampton, Hampshire, SO19 9AB
Online auction
- Offering Both Immediate Income Potential & Future Development Prospects
- Investment Opportunity
- Prominent Position
Land & Development in SO19
For sale via secure sale online bidding - terms and conditions apply.
We are delighted to offer this excellent residential development and investment opportunity situated in a prominent position within Woolston, close to Southampton city centre.
The site benefits from a history of lapsed planning permissions and is currently occupied by five 48-sheet advertising hoardings, offering both immediate income potential and future development prospects.
Key Features
Lapsed planning permission for the erection of a two-storey building comprising three self-contained flats, including:
Two × 1-bedroom flats
One × 2-bedroom flat
Lapsed alternative planning permission for a two-storey building comprising:
One × 2-bedroom flat
One commercial unit
- Site area of approximately 280 sq m (3,013 sq ft)
- Currently occupied by five 48-sheet advertising hoardings
- Conveniently located close to Woolston railway station, providing services via South Western Railway
- Potential to enhance the previous schemes to provide three × 1-bedroom flats and one × 2-bedroom flat, subject to the necessary planning consents
- Further information available on a proposed enhanced scheme prepared by local reputable architects RS Studios
Location
The site occupies a prominent position within Woolston, a well-established residential and commercial area of Southampton. The location benefits from strong transport links, local amenities, and close proximity to the city centre, making it attractive to both owner-occupiers and investors.
Planning
The property has previously benefited from lapsed planning permissions for residential and mixed-use development. Interested parties are advised to make their own enquiries with the local planning authority. Details of the previous and proposed schemes are available upon request.
Opportunity
This site represents an ideal opportunity for developers and investors seeking a well-located plot with proven planning history and scope for value enhancement through renewed or revised consent.
Summary
- Property Type: Land & Development
- Tenure: Freehold
Description
An excellent Residential Development plot of land
Location
Situated in a prominent position within Woolston, close to Southampton city centre.
Tenure
Freehold - Title number HP636315
Additional Information
For further information please contact our office directly on 0191 737 1154, or alternatively via email on commercial@pattinson.co.uk. With regards to viewing subject property, this is to be done strictly by appointment.
This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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